Brazil: No Trade Impact to Iran Shipping Impasse

July 24, 2019

Brazil's foreign trade secretary Lucas Ferraz said there are no signs that the impasse involving Iranian ships without fuel near Brazilian ports will affect bilateral trade relations.

So far, Ferraz said, there has been no impact on Brazilian exports to Iran. The ships, scheduled to bring grains back to Iran, lack fuel for the journey because state-run oil company Petroleo Brasileiro SA refused to sell them bunker fuel due to U.S. sanctions on Iran.

Reporting by Rodrigo Viga Gaier

Logistics News

BIMCO Adopts Time Charter Party to Target Emerging CO2 Trade

BIMCO Adopts Time Charter Party to Target Emerging CO2 Trade

Vale to Double Iron Ore Carrier Fleet

Vale to Double Iron Ore Carrier Fleet

Asia Pacific Ports Collaborate Cross-Sector to Advance Hydrogen, E-Fuel Readiness

Asia Pacific Ports Collaborate Cross-Sector to Advance Hydrogen, E-Fuel Readiness

Russia Adds Four LNG Carriers to Fleet

Russia Adds Four LNG Carriers to Fleet

Subscribe for Maritime Logistics Professional E‑News

Vale, a Brazilian miner, will more than double its fleet of iron ore carriers equipped with sails
Sky News reports that British Airways pilots narrowly reject pay reform
Netomi, a startup that provides AI-based customer service, raises $110 Million